The European Commission has approved the restructuring of France’s Areva group, ruling that the French government’s plan to grant a capital injection of 4.5 billion ($4.8 billion) into Areva does not breech European Union (EU) state aid rules. France notified the commission in April last year of the planned restructuring of Areva, which is 86.5% state-owned, in…
Jan 17 Sino Agro Food Inc : * Sino Agro Food provides updates on the restructuring of its aquaculture business * Sino Agro Food Inc – “completed important legal due diligence and made meaningful progress toward restructuring, carve-out and subsequent spin-off” * Sino Agro Food Inc – in addition to providing dividend shares to current…
1) JFD registered as a Wholly Foreign Owned Enterprise of Tri-way The operating company of Aqua Farm 1, Jiangmen City A Power Fishery Development Co. Ltd. (“JFD”) has been registered as a Wholly Foreign Owned Enterprise (“WFOE”) of Tri-way by the Authorities of PRC Business Registration. Thus, shareholders of Sino Agro Food, Inc. are legally…
More than 200 jobs could be lost under restructuring plans by the Australian bakery giant. Goodman Fielder, headquartered in Sydney, with numerous production sites across Australia, has announced that it is looking to consolidate, establishing fewer and larger baking sites. The manufacturer of the Wonder White, Mighty Soft, Helgas and Meadow Lea brands said 75…
HONG KONG — Cathay Pacific Airways shares continued to rise on Tuesday, briefly touching 11.2 Hong Kong dollars in the morning, up 3.13% from Monday. Local and foreign media have reported the Hong Kong airliner will likely unveil a business restructuring plan this week, expected to include reductions in manpower and other costs. Expectations of improved business…
Proxy advisory firm Stakeholders Empowerment Services (SES) has criticised the demerger scheme proposed by Justdial ( JDL) and has asked its shareholders to vote against the move. Under the scheme, Justdial proposed to demerge some businesses of Just Dial Global(JDGL) and absorb them itself. A court convened meeting of shareholders and creditors has…
BOULOGNE-BILLANCOURT, France–(BUSINESS WIRE)–Regulatory News: SoLocal Group (Paris:LOCAL) brings the following precisions concerning the financial restructuring plan voted in the Extraordinary General Shareholders Meeting of 15 December 2016 and which now allows the implementation of the Conquer 2018 plan: The full year 2016 results of SoLocal Group will be published on Friday 3 February 2017 (before…
Share: Facebook Twitter Prime Minister Dr. Keith Rowley PORT OF SPAIN, Trinidad, Jan 11, CMC The Trinidad and Tobago government Wednesday night said it is necessary to carry out a restructuring of the state-owned oil company, … Read the full article at: http://www.trinidadexpress.com/20170111/business/government-says-petrotrin-must-be-restructured-in-order-to-survive
Parexels restructuring plan to simplify the organization will include eliminating an undisclosed amount of positions as the CRO looks to save on costs. In a form 8-K filed with the SEC on January 6, 2017, the contract research organization (CRO) announced its plan to restructure operations had been approved by the chairman and CEO and…
NEW YORK, United States In 1990, Julie Mannion and Ed Filipowski, then-employees at fashion public relations firm KCD, were named agency partners. Nearly 30 years later, as the industry continues on a path of rapid transformation, Mannion and Filipowski are doing the same for eight of their most seasoned employees across the globe. And restructuring…